USD: Up on last week’s pound

The US dollar made a marginal recovery on Friday against the pound following interest rate decisions from the Bank of England.

This week there are a significant amount of data releases in the US, starting with the NAHB housing market index this afternoon which is forecast to fall from 33 to 32 in December, reflecting a fall in the traffic of prospective home buyers.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.

USD/GBP: the past year

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